1.
ICO
Which of the following is a measure of the efficiency of resource allocation in an economy, indicating the maximum output that can be produced with given resources?
2.
ICO
Which of the following is a trade agreement among countries in the Asia-Pacific region?
3.
ICO
What is the term used for a tax imposed on imported goods to protect domestic industries?
4.
ICO
What is the term used for the restriction or prohibition of trade in certain goods or services for specific reasons, such as national security or public health?
5.
ICO
Which of the following is an example of a regional trade agreement in Africa?
6.
ICO
What is the term used for the practice of modifying a product to meet the specific preferences and requirements of foreign markets?
7.
ICO
Which of the following is an example of a trade promotion tool used to provide financial assistance to exporters?
8.
ICO
Which of the following is an international organization that provides technical assistance and capacity building to developing countries in the field of trade?
9.
ICO
What is the term used for the process of assessing and managing the potential risks and uncertainties associated with international business activities?
10.
ICO
What is the term used for the practice of selling goods and services to a foreign market at a price higher than their production cost?